The blockchain analysis company, Bubblemaps, exhibited the team behind the First Lady of First Lady Melania Trump, Melania. He spotted the team moving $ 30 million from chips outside the project community fund and selling them later.
In an article on April 7 on X, Bubblemaps said that 50 million melania tokens worth around 30 million dollars “had been moved from community funds – and is now sold quietly, without explanation of the team.”
1 / Huge Sell on $ Melania
30 million dollars were moved from community funds –
and is now sold quietly, without explanation of the team
pic.twitter.com/ubhaqiiw61
– Bubblemaps (@Bubbleps) April 7, 2025
No end in sight for shaded shenanigans with the Melania token
Bubblemaps traced the movements of the most recent Drama of Melania. He said the tokens were moved to a single wallet before being divided on several addresses.
From there, $ 3 million was transferred to the scholarships, two new $ 6 million positions were opened and $ 500,000 from Melania was sold. “No one of the Melania team approached this. Not the movements. Not the sale,” added Bubblemaps.
This last decision comes after Bubblemaps also exhibited the Melania team in March to “secretly sell the melania tokens via liquidity in one side”.
Hayden Davis, one of the people responsible for creating the same lady’s same lady, was taken from 2 million dollars from Melania liquidity pools.
Bubblemaps worked in close collaboration with the interviewer of the Coffeezilla sword to exhibit Davis, who also organized the traction of the balance carpet. Davis made millions from a carpet pulling both Balance and Melania and was therefore an interpol opinion.
Although Melania and Balance are her most public scams, Bubbleps has linked Davis to many other carpet prints that led to the serial crook extracted from millions of dollars.
Concern, Bubblemaps said that 92% of Melania’s offer is still owned by team portfolios, saying that “damage is not yet caused”.
The Melania token was launched on January 19, a day after Donald Trump launched his own meme piece, Trump, and a day before her inauguration as a president for the second time.
According to Coingecko, the first lady’s memes piece has essentially lost any value since its launch and has been down 96% compared to its summit over $ 13 in January. It is currently negotiated at $ 0.51, down more than 9% last week.
Melania culminated in January with a market capitalization of almost $ 2 billion, but its downward slide since then left a market capitalization of only $ 77 million.
(Coingecko)
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Forget for a moment of obvious scam coins such as Melania, and the pieces even are in fact resident. While the wider market of cryptography rebounded after the news of President Trump’s 90 -day price, the same, in particular, are back under the spotlight.
The interest in the parts even had been at a record level in the middle of a larger market accident, and the data of Dune Analytics in March argued after having noticed that the number of tokens of Solana’s solana Launchpad, Pump.fun, had dropped more than two thirds since January, from 5400 per week to only 1500.
The total number of tokens launched on Solana is also decreasing, soil data indicating only 31,651 launched on April 5, less than third of the 95,578 created at the top of the money frenzy this year on January 26.
However, Coingecko data show that the meme parts category is up 12% in the past 24 hours. The market capitalization combined for parts even dates back $ 50 billion, currently at $ 47.4 billion.
Fartcoin is one of the biggest daily winners in the same corner category, which has increased by more than 30% since yesterday. The official room of the same Trump, Trump, has increased by more than 5% while investors gather in the token for the man responsible for the recovery of the market.
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Post-themed coins are up 12%, but the Melania team has a carpet drawn more than $ 30 million from the first lady’s token first on 99Bitcoins.
